If a Macroeconomic Variable Tends to Aid in Predicting the Future

question 40

Multiple Choice

If a macroeconomic variable tends to aid in predicting the future path of real GDP,it is said to be a

• A) convenient variable.
• B) coincident variable.
• C) leading variable.
• D) lagging variable.

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Definitions:

Reinforcements

In psychology, the process of encouraging or establishing a pattern of behavior by offering rewards or consequences.

Conditioned Response

A learned response to a previously neutral stimulus that becomes associated with an unconditioned stimulus.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without any need for prior learning.

Stimulus

An external or internal change that influences the activity of a living organism or one of its parts.